secwatch.observer — SEC 8-K summary
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Issuer:     Joby Aviation, Inc. (JOBY)
CIK:        0001819848
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001819848-24-000264
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Joby Q1 net loss $94.6M, operating loss $145.9M, cash $923.9M
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- Net loss $94.6M ($0.14/share); operating loss $145.9M, up from $99.7M in Q1 2023.
- Revenue $25k from DoD contract; cash used in operations $106.6M, capex $6.9M.
- Cash & investments $923.9M at quarter end, down $108.4M from Q4 2023.
- Second production prototype rolled off line; two more in final assembly; expanded manufacturing facility.
- FAA published final airworthiness criteria; first system-level test plans submitted; 1,500+ flights.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819848/000181984824000264/0001819848-24-000264-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819848/000181984824000264/joby-20240507.htm
  HTML page:      https://secwatch.observer/filing/0001819848-24-000264

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer